The purpose of the school curriculum could be to prepare pupils for a satisfying and fulfilling life, to prepare pupils for the needs of the economy or to pass on the wisdom of society accumulated over time. In this article I use the example of enterprise education, including financial capability, to show how the current English schools'…

This study highlights the importance of incorporating subjective measures of identifiable problematic money issues in financial education workshops conducted by extension specialists. Addressing problematic money behaviors such as overspending, financial infidelity, and financial enabling empowers individuals to overcome harmful financial habits…

Research has shown that even though standardized financial education has gained prevalence to promote financial literacy over the past decade, it has had little effect on personal financial planning. The present study used a randomized control trial to examine the effectiveness of a Python-based personalized financial projection on young working…

Financial management is embedded as a key field of study within the Family & Consumer Sciences Body of Knowledge. Through work in classrooms and communities, family and consumer sciences (FCS) professionals advance individual well-being and strengthen families by educating and empowering individuals to be sound managers of their finances and…

A significant ongoing initiative is to identify the conditions under which financial education is most effective, as it has been shown to work much better in some circumstances than others. One factor to consider is mathematical capability, as it has been linked to improved financial knowledge and financial outcomes. In this paper, we investigated…

Financial education for children has drawn considerable attention and has recently been advocated in schools; however, its impact still needs to be examined with a more comprehensive evaluation framework. This study carries out a paired-design experiment to evaluate the effectiveness of the Aflatoun Child Social & Financial Education program,…

This study examines the effects of financial advice on college-saving decisions using data sets from the 2009 and 2012 U.S. National Financial Capability Study. After controlling for self-selection bias through propensity score matching, the findings show that receiving financial advice is associated positively with the likelihood of saving for…

Financial literacy, viewed not only as a fundamental skill but also as an investment, proves valuable for individuals, aiding them in making sound financial decisions and savings. In the current societal landscape, where financial responsibilities are important, instilling financial education early on through suitable programs becomes pivotal,…

Rangahau Matauranga o Aotearoa | New Zealand Council for Educational Research (NZCER) began working with Te Ara Ahunga Ora Retirement Commission in mid-2019 to evaluate Sorted in Schools, Te whai hua -- kia ora. As well as 3 years of evaluation, NZCER has undertaken research to support and develop a sustainable professional learning and…

The group project team conducted this mixed methods case study to report findings from data collected from a Non-public School Accrediting Association in the midwestern United States and how small Catholic schools use the NSBECS to monitor the school's operational vitality. The group project team identified Standard 10 of the four Standards within…

Financial literacy is a competence that extends to many aspects of everyday life. The Great Recession has recently highlighted its relevance and the importance of financial literacy training in the school curricula. The authors use PISA 2015 data to investigate the link between financial education and young people's financial literacy across 15…

The authors of this study investigate the likely influence of required or voluntary financial education on the saving behaviors of U.S. adults. They compare the results for three groups defined by different life experiences with financial education (required, voluntary, and none). Probit models estimate the effects of financial education on four…

There is a growing awareness of the importance of financial education and literacy in personal economic success, yet not many Generation Z are proficient in this area. The lack of understanding can lead to consequences such as not recognizing the need for greater retirement savings, making poor spending decisions, or when overpaying off…

The aim of this study was to explore how first-time problem-based learning (PBL) participants can improve their learning outcomes. Empirical results showed that students with higher academic performance and attendance rates significantly enhanced their critical thinking and problem-solving skills through PBL compared to traditional lecture-based…

This study explores the association between financial knowledge and financial fragility. Data from the 2015 National Financial Capability Study were used to create an index of financial fragility. Relationships between this index and three different measures of financial knowledge were assessed. To mitigate potential endogeneity in the financial…